La Caisse, the Canadian investment group, acquires a 24% stake in India’s Altius Telecom Infrastructure Trust for about ₹12,100 crore (about CAD 1.76 billion, per one report). The transaction is announced by La Caisse and Brookfield and is described as part of La Caisse’s broader infrastructure investing.
Altius Telecom Infrastructure Trust, formerly Data Infrastructure Trust, is registered with SEBI as an infrastructure investment trust (InvIT) and provides passive telecom infrastructure services, including operating telecom towers and related sites. The sources agree that Altius has a nationwide footprint, owning or operating more than 258,000 telecom towers and sites across India. They also say Brookfield remains the largest investor following La Caisse’s entry.
Reports largely converge on the stake size, valuation, and the institutional-partner structure. The main differences are in presentation: some outlets emphasize the US$ equivalent (reported as about US$1.3 billion), while others highlight the investment’s link to rising demand for mobile connectivity and 5G infrastructure in India. All sources cite statements from the firms’ leadership regarding long-term infrastructure exposure and partnership on the platform’s growth.
